Bitcoin hits fresh record as Fed easing bets add to tailwinds

August 14, 2025 9:52 AM

Bitcoin hits fresh record as Fed easing bets add to tailwinds

Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The world's largest crypto-asset by market capitalisation climbed as much as 0.9% to $124,002.49 in early Asia trading, surpassing its previous peak hit in July. On the day, the second largest crypto-token ether hit $4,780.04, the highest level since late 2021. Bitcoin's rally is being powered by increasing certainty ...

Bitcoin climbs to record $123,000 as US to debate crypto rules

July 14, 2025 3:38 PM

Bitcoin climbs to record $123,000 as US to debate crypto rules

Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week. Bitcoin scaled a record high of $123,153.22 before pulling back slightly to trade 2.4% higher around $122,000. Later in the day, the U.S. House of Representatives will debate a series of bills to provide the digital asset industry with the nation's regulatory framework it has long demanded. Those demands hav...